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The senior BDM will be tasked with helping grow the non-bank’s reach with brokers.
Arc Money has appointed Sanjay Anand as senior business development manager (BDM) for NSW, as the commercial mortgage lender looks to strengthen ties to brokers and expand its loan book.
With more than a decade of experience across mainstream banking and, more recently, private credit, Anand brings skills in structuring tailored finance options for mortgage-backed commercial loans.
Anand was most recently a senior BDM at Vado Private, an investment manager specialising in structured real estate, debt arrangements, and advisory services.
He has also had spells as a BDM at non-bank lender MA Money, Adelaide Bank, and St.George Bank and as a partnerships manager at bridging loans specialist Bridgit.
In the new role, Anand will be responsible for expanding Arc Money’s broker reach by deepening relationships with existing brokers and onboarding new partners.
He will also be tasked with promoting the company’s credit process and leading educational initiatives aimed at improving brokers’ knowledge of private lending.
Graham Mendelowitz, Arc Money director, welcomed Anand to the company.
“Arc Money has expanded its lending volumes this year by focusing on making funding more frictionless for brokers and their clients. Sanjay’s reputation for accessibility and problem-solving will help us scale that focus even further,” he said.
Anand, who started in the role on Tuesday (1 July) this week, added: “Brokers need a lender that moves at their pace. Arc Money’s tech-enabled workflow and broker-first culture remove the friction points that slow deals down.
“I’m excited to help more brokers tap into that advantage and grow their businesses.”
Partnering exclusively with mortgage brokers and private lending platforms, Arc Money is a specialist non-bank mortgage lender focused on providing lending products to companies and trusts.
The Sydney-based company also offers a range of lending products, including for debt consolidation, refinancing, and property renovations. It also caters to non-citizen and non-resident borrowers, as well as scenarios involving land subdivisions and vacant land.
[Related: Record number of mortgage brokers diversifying into commercial]
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